Smruthi Organics Limited has received formal approval from the Central Government, Ministry of Corporate Affairs, for the appointment of Ms. Smruthi Purushotham Eaga (DIN: 09268342) as Whole-time Director of the Company.
Approval Details:
- Approval granted via letter dated October 7, 2026 from Ministry of Corporate Affairs
- Appointment period: Three years from June 1, 2026 to May 31, 2029
- Reference application: SRN AC5539929 dated August 26, 2026
- Legal basis: Section 196 read with Clause (e) of Part (1) of Schedule V of the Companies Act, 2013
Conditions of Appointment:
- The appointee must provide an undertaking to the company that she shall not become interested or concerned directly or through her husband and/or minor children in any selling agency of the company without prior Central Government approval
- The appointment is conditional upon furnishing this undertaking and will cease upon contravention
- Headquarter of the managerial personnel shall be fixed at the place where she must regularly stay for attending duties
Additional Provisions:
- Approval is without prejudice to any changes in Government policy or actions under Companies Act provisions
- If applicable, the managerial personnel must hold proper employment visa (security clearance remains company/appointee responsibility)
- Approval covers only Companies Act, 2013 provisions and does not constitute approval under any other laws or regulations
- The appointment will be governed by relevant provisions of the Act regarding powers of management
Regulatory Reference:
Disclosure made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, addressed to BSE Limited and Metropolitan Stock Exchange of India Ltd.
Financial Impact: Not quantified in the disclosure. This is a governance and compliance matter without immediate financial impact stated.